Thread: Social Security
View Single Post
  #5 (permalink)  
Old 10-11-2009, 07:34 AM
Anthony Anthony is offline
CC Member
Visit my Photo Gallery

 
Join Date: Apr 1999
Location: cleveland, OH
Cobra Make, Engine: CSX4000, 427
Posts: 1,999
Not Ranked     
Default

the major common lie about SS is the amount that each of us pay. 6.2% is often quoted, but in actuality, we all pay about 12.4%, as either our employer is paying that, or if you are self-employed, you pay the additional 6.2%.

What a great accounting scam.
__________________
"After jumping into an early lead, Miles pitted for no reason. He let the entire field go by before re-entering the race. The crowd was jumping up and down as he stunned the Chevrolet drivers by easily passing the entire field to finish second behind MacDonald's other team Cobra. The Corvette people were completely demoralized."
Reply With Quote